Iconic Burger Bar/ Diner Business In The South East For Sale

This restaurant/diner located in Melbourne’s South East is well known for its gourmet burgers, craft beer and iconic decor. Many diners come to admire the decor. 

The large restaurant has 3 dining areas: a dining area with seating capacity for 94 inside, outside dining area with 44 seats and an upstairs area with seats for 50. Also has a large bar. And is fully licensed to 12am.  There is plenty of parking for customers. 

Well fitted out with quality fittings and fixture and equipment, it has a large kitchen with gas burning hot plates/griddles, fryers, canopy and stainless steel preparation benches and commercial dishwasher. There is also a cool room. 

Run under management with 3 full time staff and 2 part time staff and 9 casuals as needed.  

Trades 5 days: Thursday and Friday 5 to 9pm, Friday and Saturday 12pm to 10:30pm, Sunday 12pm to 10 pm

Turning over $1,6 Million per year (trading 49 weeks of the year).  Rent for this large premises is $1,014 per week including GST.  A new lease is available. 

This diner has a website and social media presence,  but has done very little advertising, patrons come by word or mouth. So there is huge potential for new owners if they implement some simple advertising. 

Vendor is looking to retire and is looking for someone to carry on this Iconic dining concept. Perfect investment opportunity as it is run under management and there are staff in place to carry on operations. 

For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on 03 9566 7300 or via email at elle@absolutebb.com.au

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportRun under management and there are staff in place to carry on operations.

Reason for SellingRetirement

Location State: Victoria CategoryBar/Nightclubs
Restaurant/Food Service

Weekly Revenue$Australia Monthly Revenue$Vic Annual Revenue$1,600,000

Contact PersonChris Panagiotidis Price$Price On Application Year EstablishedN/A

Phone0395667300 Cashflow$N/A Employees3 FT , 2 PT staff and 9 Casual

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